Rolls-Royce Purchases Siemens Unit, Shocks Electric Propulsion World Written 19 June 2019

19 June 2019
Reuters reports that “Siemens struck a deal to sell its in-house startup Siemens eAircraft to Rolls-Royce for an undisclosed sum, it said on Tuesday.” Siemens eAircraft specializes in electric and hybrid-electric propulsion systems, and it “has about 180 employees.” (Image: Siemens Magnus eFusion at Aero2016. Credit: Alec Wilson from Khon Kaen, Thailand | Wikipedia)
Full Story (Reuters)